University of Washington Blockchain Society - Crypto Security | Take the Quiz

What should be the role of marketing in a Blockchain or Crypto-based project?

Garner a community

Finalize a product

Build Hype

Acquire Legitimacy

What should be most important in a project’s roadmap?

Appropriateness to the core project

Realism of Completion

The Buzzwords

Hype generated

Are non-anonymous founders always a good sign?

Yes, it’s key to a project’s reputation!

Not always, one should still be cautious, since you never know.

No, it’s a useless piece of information.

Provable expertise and good reputation is even more important.

What should an NFT project usually have most importantly?

Promising Roadmap

Proper Utility

Good Art

Solid Marketing

Is Elon Musk’s influence on a project a good sign for an investment?

Usually not, except for his own businesses.

It never is.

Absolutely, any mention of Elon is good!

Can ‘Buy Low, Sell High’ be ever a feasible strategy?

Yes, of course!

Only in coordinated pump-and-dumps

What is a ‘realistically-sustainable’ APY interest for a yield farming or lending protocol?

10%

20%

40%

What is usually the main cause of the ‘Crypto Death Spiral’ for algorithmic stablecoins, which killed projects such as TerraLuna?

Loss in trust in the system, through FUD or other means of (dis)information causing such.

Outside interference, such as crypto hedge funds, strategically manipulating the price of tokens.

Arbitrageurs swapping the stablecoin to its counterpart, leading to the counterpart dropping significantly in price, accelerating the arbitrage swapping.

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